Australia's Wesfarmers sees tariff inflation risk as profit beats forecast
Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and ...
RBA rates call will fuel inflation and prolong cost-of-living crisis
The board has broken the sacred rule of modern central banking: do not pump prime the economy before an election, ...
Week ahead – German elections and US PCE inflation on investors’ radar [Video]
When Germany’s chancellor, Olaf Scholz, called a snap general election back in December, there was hope that a new government ...
Australia Q4 wages rise at slowest pace in over 2 years
Australian wages rose at the slowest annual pace in more than two years in the fourth quarter even as unemployment stayed ...
Bullock concedes RBA too slow to raise rates against inflation
The Reserve Bank governor said one of the reasons the board cut the cash rate this week was because it did not want to be too ...
Inflation has fallen in Australia and NZ, but which is faring better?
Australia's and New Zealand's central banks have used different strategies to kill inflation. New Zealand's now in recession, ...
Australia jobless rate rises in January even as employment booms
Australia's unemployment rate ticked higher in January even though job creation handily outpaced forecasts, data showed on ...
Inflation will tell if RBA’s pre-election cut is the right call
We don’t doubt Bullock and the board have conducted themselves independently. Yet, the RBA’s credibility will finally depend ...